Frost Giant
About this raise
Frost Giant, with a valuation of $150.06 million, is raising funds on StartEngine. It is an independent game-developing company that aims to redefine the PC real-time strategy landscape. Frost Giant is currently developing a next-gen real-time strategy PC game, Stormgate, which is planned for release in the third quarter of 2024. Stormgate is being developed on a groundbreaking proprietary technology, SnowPlay, and will be a truly social game with tournament features and next-generation competition. Tim Morten founded Frost Giant in March 2020. The current crowdfunding campaign has a minimum target of $14,999.04 and a maximum target of $5 million. The campaign proceeds will be used for company employment, marketing, and operating capital.
Investment Overview
Invested : $1,195,341
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/08/2024
- Close Date
- 09/09/2024
$14,999
$4,999,992
$495
Equity - Preferred
Growth Stage
RegCF
$8.68
$150,064,796
Company & Team
Company
- Year Founded
- 2020
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Irvine, California
- Company Website
-
Visit Website
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$1,000,000
as of FY2023
-
Runway
-
6.8 months
as of
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/09/2024 | StartEngine | $150,064,796 | $1,195,341 | Equity - Preferred | Funded | RegCF |